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ALTISOURCE PORTFOLIO SOLUTIONS S.A.（ASPS）与NLIGHT, INC.（LASR）财务数据对比。点击上方公司名可切换其他公司
NLIGHT, INC.的季度营收约是ALTISOURCE PORTFOLIO SOLUTIONS S.A.的1.9倍（$80.2M vs $42.3M），NLIGHT, INC.净利率更高（0.8% vs -16.8%，领先17.7%），NLIGHT, INC.同比增速更快（55.2% vs 3.2%），过去两年NLIGHT, INC.的营收复合增速更高（26.0% vs 3.6%）
Altisource Portfolio Solutions S.A.是面向抵押贷款、房地产及消费金融领域的全球服务商，为贷款机构、服务商、投资者等市场参与者提供技术、数据与运营解决方案，优化资产管理、房产交易等业务流程，提升客户运营效率。
nLight Inc.是全球领先的高性能半导体激光器、光纤激光器及相关光学组件研发生产商，产品广泛应用于工业精密制造、航空航天与国防、医疗设备、前沿研究等核心领域，客户遍及北美、欧洲及亚太地区。
ASPS vs LASR — 直观对比
营收规模更大
LASR
是对方的1.9倍
$42.3M
营收增速更快
LASR
高出51.9%
3.2%
净利率更高
LASR
高出17.7%
-16.8%
两年增速更快
LASR
近两年复合增速
3.6%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $42.3M | $80.2M |
| 净利润 | $-7.1M | $645.0K |
| 毛利率 | 26.5% | 33.1% |
| 营业利润率 | -15.5% | 66.0% |
| 净利率 | -16.8% | 0.8% |
| 营收同比 | 3.2% | 55.2% |
| 净利润同比 | 18.2% | — |
| 每股收益（稀释后） | $-1.02 | $0.01 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收ASPSLASR
| Q1 26 | — | $80.2M | ||
| Q4 25 | $42.3M | $81.2M | ||
| Q3 25 | $41.9M | $66.7M | ||
| Q2 25 | $43.3M | $61.7M | ||
| Q1 25 | $43.4M | $51.7M | ||
| Q4 24 | $41.0M | $47.4M | ||
| Q3 24 | $40.5M | $56.1M | ||
| Q2 24 | $39.1M | $50.5M |
净利润ASPSLASR
| Q1 26 | — | $645.0K | ||
| Q4 25 | $-7.1M | $-4.9M | ||
| Q3 25 | $-2.3M | $-6.9M | ||
| Q2 25 | $16.7M | $-3.6M | ||
| Q1 25 | $-5.3M | $-8.1M | ||
| Q4 24 | $-8.7M | $-25.0M | ||
| Q3 24 | $-9.3M | $-10.3M | ||
| Q2 24 | $-8.3M | $-11.7M |
毛利率ASPSLASR
| Q1 26 | — | 33.1% | ||
| Q4 25 | 26.5% | 30.7% | ||
| Q3 25 | 27.1% | 31.1% | ||
| Q2 25 | 30.1% | 29.9% | ||
| Q1 25 | 30.7% | 26.7% | ||
| Q4 24 | 30.3% | 2.4% | ||
| Q3 24 | 29.8% | 22.4% | ||
| Q2 24 | 32.5% | 23.5% |
营业利润率ASPSLASR
| Q1 26 | — | 66.0% | ||
| Q4 25 | -15.5% | -6.7% | ||
| Q3 25 | 1.2% | -10.9% | ||
| Q2 25 | 7.5% | -6.9% | ||
| Q1 25 | 7.5% | -18.6% | ||
| Q4 24 | 1.4% | -55.8% | ||
| Q3 24 | 2.7% | -21.0% | ||
| Q2 24 | 5.3% | -25.1% |
净利率ASPSLASR
| Q1 26 | — | 0.8% | ||
| Q4 25 | -16.8% | -6.0% | ||
| Q3 25 | -5.5% | -10.3% | ||
| Q2 25 | 38.5% | -5.8% | ||
| Q1 25 | -12.1% | -15.7% | ||
| Q4 24 | -21.3% | -52.7% | ||
| Q3 24 | -23.0% | -18.4% | ||
| Q2 24 | -21.1% | -23.2% |
每股收益（稀释后）ASPSLASR
| Q1 26 | — | $0.01 | ||
| Q4 25 | $-1.02 | $-0.10 | ||
| Q3 25 | $-0.22 | $-0.14 | ||
| Q2 25 | $1.48 | $-0.07 | ||
| Q1 25 | $-0.09 | $-0.16 | ||
| Q4 24 | $-4.72 | $-0.52 | ||
| Q3 24 | $-2.61 | $-0.21 | ||
| Q2 24 | $-2.33 | $-0.25 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $26.6M | $298.2M |
| 总债务越低越好 | $191.1M | — |
| 股东权益账面价值 | $-110.2M | $429.2M |
| 总资产 | $139.8M | $515.7M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资ASPSLASR
| Q1 26 | — | $298.2M | ||
| Q4 25 | $26.6M | $98.7M | ||
| Q3 25 | $28.6M | $81.1M | ||
| Q2 25 | $30.0M | $78.8M | ||
| Q1 25 | $30.8M | $82.2M | ||
| Q4 24 | $29.8M | $65.8M | ||
| Q3 24 | $28.3M | $41.5M | ||
| Q2 24 | $29.7M | $49.4M |
总债务ASPSLASR
| Q1 26 | — | — | ||
| Q4 25 | $191.1M | — | ||
| Q3 25 | $192.5M | — | ||
| Q2 25 | $193.9M | — | ||
| Q1 25 | $195.0M | — | ||
| Q4 24 | $230.5M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
股东权益ASPSLASR
| Q1 26 | — | $429.2M | ||
| Q4 25 | $-110.2M | $226.7M | ||
| Q3 25 | $-104.2M | $218.5M | ||
| Q2 25 | $-102.7M | $216.0M | ||
| Q1 25 | $-119.8M | $212.8M | ||
| Q4 24 | $-157.4M | $216.4M | ||
| Q3 24 | $-149.4M | $235.3M | ||
| Q2 24 | $-140.8M | $239.5M |
总资产ASPSLASR
| Q1 26 | — | $515.7M | ||
| Q4 25 | $139.8M | $315.2M | ||
| Q3 25 | $139.9M | $298.7M | ||
| Q2 25 | $142.9M | $295.3M | ||
| Q1 25 | $145.7M | $290.0M | ||
| Q4 24 | $143.6M | $270.2M | ||
| Q3 24 | $144.5M | $291.3M | ||
| Q2 24 | $146.6M | $294.3M |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $-505.0K | — |
| 自由现金流经营现金流 - 资本支出 | $-525.0K | — |
| 自由现金流率自由现金流/营收 | -1.2% | — |
| 资本支出强度资本支出/营收 | 0.0% | — |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $-5.1M | — |
8季度趋势，按日历期对齐
经营现金流ASPSLASR
| Q1 26 | — | — | ||
| Q4 25 | $-505.0K | $17.5M | ||
| Q3 25 | $718.0K | $5.2M | ||
| Q2 25 | $-306.0K | $-1.4M | ||
| Q1 25 | $-5.0M | $-20.0K | ||
| Q4 24 | $-1.4M | $-3.9M | ||
| Q3 24 | $-1.6M | $-5.6M | ||
| Q2 24 | $180.0K | $-4.2M |
自由现金流ASPSLASR
| Q1 26 | — | — | ||
| Q4 25 | $-525.0K | $15.9M | ||
| Q3 25 | $697.0K | $2.4M | ||
| Q2 25 | $-309.0K | $-3.8M | ||
| Q1 25 | $-5.0M | $-2.3M | ||
| Q4 24 | $-1.4M | $-6.5M | ||
| Q3 24 | — | $-7.2M | ||
| Q2 24 | — | $-6.4M |
自由现金流率ASPSLASR
| Q1 26 | — | — | ||
| Q4 25 | -1.2% | 19.6% | ||
| Q3 25 | 1.7% | 3.7% | ||
| Q2 25 | -0.7% | -6.1% | ||
| Q1 25 | -11.5% | -4.5% | ||
| Q4 24 | -3.4% | -13.7% | ||
| Q3 24 | — | -12.9% | ||
| Q2 24 | — | -12.6% |
资本支出强度ASPSLASR
| Q1 26 | — | — | ||
| Q4 25 | 0.0% | 2.0% | ||
| Q3 25 | 0.1% | 4.2% | ||
| Q2 25 | 0.0% | 3.9% | ||
| Q1 25 | 0.1% | 4.4% | ||
| Q4 24 | 0.0% | 5.5% | ||
| Q3 24 | 0.0% | 2.9% | ||
| Q2 24 | 0.0% | 4.2% |
现金转化率ASPSLASR
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | -0.02× | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
ASPS
| Services | $39.9M | 94% |
| Revenue Relatedto Technology Platformsand Professional Services | $2.4M | 6% |
LASR
| Products | $58.2M | 73% |
| Development | $22.0M | 27% |
